FreeWire, a leader in ultrafast battery-integrated EV charging, joins the ranks of Canva, Microsoft, SpaceX, and more
OAKLAND, Calif – FreeWire Technologies has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2022.
This year’s list honors businesses that are making the biggest impact on their industries and culture as a whole—ultimately thriving in today’s ever-changing world. These companies are creating the future today with some of the most inspiring accomplishments of the 21st century. In addition to the World’s 50 Most Innovative Companies, 528 organizations are recognized across 52 categories.
“FreeWire is honored to be recognized by Fast Company, and be included among the World’s Most Innovative Companies having created next-generation ultrafast charging technology that is driving EV adoption, reducing transportation emissions, and lessening strain on the electric grid,” said FreeWire CEO and Founder Arcady Sosinov. “By combining charging infrastructure with energy storage and management software, FreeWire and its customers are solving barriers to EV charging to deliver an experience that will improve people’s lives today by making convenient, ultrafast charging available anywhere and everywhere, while creating a cleaner, more resilient electric grid in the future.”
Founded in 2014, FreeWire Technologies is a Buy America compliant provider of fully-integrated electric vehicle charging stations and power solutions. FreeWire’s ultrafast charging technology solves grid constraints by packaging charging infrastructure, grid infrastructure, and energy storage in a fully-integrated compact solution. The company’s Boost ChargerTM plugs into existing and ubiquitous low-voltage utility service and delivers high-power charging in areas that typically require extensive grid upgrades. Because the fully-integrated systems charge EVs directly from the battery and not the electric grid, customer demand charges are virtually eliminated with peak-shaving and load-shifting capabilities built into the design that doesn’t impact the driver charge experience. In addition, FreeWire provides proprietary management software, which further reduces energy costs and provides additional services.
FreeWire has deployed battery-integrated chargers with Fortune 100 companies, commercial customers, fleets, retail locations, and gas stations across the United States, from Oklahoma to Alaska. The company aims to install over 5,000 ultrafast battery-integrated chargers worldwide by 2025. FreeWire is well-positioned for annual growth of 2-3x, helping customers reach decarbonization goals, creating over 200 jobs in electrification and clean energy in and around disadvantaged communities, and catalyzing the global transition to sustainable electrification.
Fast Company’s editors and writers sought out the most groundbreaking businesses across the globe and industries. They also judged nominations received through their application process.
The World’s Most Innovative Companies is Fast Company’s signature franchise and one of its most highly anticipated editorial efforts of the year. It provides both a snapshot and a road map for the future of innovation across the most dynamic sectors of the economy.
“The world’s most innovative companies play an essential role in addressing the most pressing issues facing society, whether they’re fighting climate change by spurring decarbonization efforts, ameliorating the strain on supply chains, or helping us reconnect with one another over shared passions,” said Fast Company Deputy Editor David Lidsky.
For the second year in a row, to coincide with the issue launch, Fast Company will host its Most Innovative Companies Summit on April 26–27. The virtual, multiday summit celebrates the Most Innovative Companies in business, and provides an early look at major business trends and an inside look at what it takes to innovate in 2022.
